All Property Week articles in 21 April 2011 – Page 7
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Yield movement drives modest UK growth, IPD says
Capital values in the UK property market rose by a modest 0.3% in March, figures from the Investment Property Databank have shown, bringing total capital growth for the first quarter of 2011 to 0.6%.
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Online retailers facing "perfect storm" from EU directives, Forum for Private Business says
Small business campaign group, the Forum for Private Business, today urged the EU to abandon proposals which it said could cripple smaller online retailers.
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Mitsubishi Estate to buy 150 Leadenhall Street
Japanese property giant Mitsubishi Estate is under offer to buy the London headquarters of fellow Japanese company Tokio Marine for £35m.
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Five more retailers sign at Trinity Walk
Five retailers have signed up to take space at Trinity Walk shopping centre in Wakefield ahead of its opening next month.
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Wren flies in to complete Hermes' retail park occupancy
Hermes Real Estate has completed the letting of Pipps Hill Retail Park, Basildon, with a letting to kitchen and bedroom retailer Wren Kitchens.
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Kier Group buys Lloyds out of development arm in £91m deal
Kier Group has agreed to buy Lloyds Banking Group’s 50% interest in a portfolio of regional and London properties for £91m.
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Southern Cross meets with landlords as it battles "unsustainable" debt burden
The UK’s largest care home operator, Southern Cross, today “constructive” talks with landlords as it seeks to battle an unsustainable debt burden.
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Landlords set to suffer losses as CVA insolvency procedures spike
The number of retailers renegotiating debts via company voluntary arrangements (CVAs) has increased by 15% in the last year, accountants Wilkins Kennedy said today.
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Orchard Street secures Poundland retail warehouse letting in Aberdeen
Orchard Street Investment Management has let 15,400 sq ft of retail warehouse space to Poundland at the Centrepoint Retail Park in Aberdeen on behalf of a pension fund client.
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Cushman & Wakefield expands valuation team with poaches from rivals
Cushman & Wakefield has expanded its UK valuation and advisory team with poaches from four property consultancies.
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Debenhams in discussions on 30 stores
Debenhams is in discussions to open 30 stores, the department store chain said today.
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DevSecs eyes £52m Notting Hill buy
Development Securities is close to buying a retail and office block in for £52m Notting Hill in west London.
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ProLogis offers to take PEPR private in €1.2bn deal
ProLogis is planning to take private listed fund ProLogis European Properties (PEPR) in response to a potential bid from APG and Goodman.
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Independent loan servicer demands creative solutions to CMBS crisis
Capita Asset Services, Europe’s largest third party commercial loan servicer, today stressed the need for a proactive and creative approach if servicers are to protect noteholders through the commercial mortgage backed securities (CMBS) crisis.
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Continuing losses force Dixons to exit Spain
Dixons Retail is to pull out of Spain due to the weak economic conditions in the country.
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Online property trading gains momentum
London agency John Miles Company has used the clicktopurchase platform to sell an office property in Egham.
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Tamar European Industrial Fund given debt extension
Tamar European Industrial Fund has been given a three and a half year extension to its €88m debt facility as it reconsiders the fund’s strategy.
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Ignis to consolidate in new City of London headquarters
Ignis Asset Management is set to consolidate its London offices into a new home headquarters in the City of London.